Thailand Exports Slow in November Despite US Shipping Surge
Thai exports slowed in November despite a strong surge in shipments to the United States, highlighting continued pressure on external trade as global demand remains subdued.
Ministry of Commerce data showed that Thai exports expanded at a weaker pace than in previous months, even as some sectors benefited from higher US demand for electronics and auto parts.
The performance indicates that Thai exports are still affected by slower growth in key markets such as China and Japan, as well as by currency volatility and higher logistics costs.
Global demand challenges
Analysts noted that weaker demand across European and Asian markets limited Thailand’s ability to fully capitalize on the US shipping boom, keeping overall export growth restrained.
The Thai government is rolling out support measures, including credit facilities and market diversification programs, to help exporters expand into new markets and reduce reliance on a narrow set of trading partners.